PHBUSDT Bullish Signals and 86% Potential Surge
Updated
Over the past three months, PHBUSDT has established an uptrend, characterized by higher highs (HHs) and higher lows (HLs) pattern, indicative of a sustained bullish trend. Concurrently, the demand zone near the psychologically significant price of $0.6 has been effectively defended by buyers, solidifying its significance within the price action.
Yesterday, on a daily timeframe, the recent pullback halted precisely at the 38.2% Fibonacci support level, presenting extremely positive news for buyers. We have already shared trade setup in our dedicated channel and will update it when/if needed.
Overall, our analysis projects a potential rise towards the 427.2% Fibonacci retracement level, signifying a substantial 86% growth for PHBUSDT.
Yesterday, on a daily timeframe, the recent pullback halted precisely at the 38.2% Fibonacci support level, presenting extremely positive news for buyers. We have already shared trade setup in our dedicated channel and will update it when/if needed.
Overall, our analysis projects a potential rise towards the 427.2% Fibonacci retracement level, signifying a substantial 86% growth for PHBUSDT.
Trade closed: target reached
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